Any reverse formation shouts "Caution!" Turn this pattern around and you have a Symmetrical Triangle which is a consolidation pattern and typically indicates continuation of the trend. It would also be a price coil. This Reverse Symmetrical Triangle is a price expansion. Whenever you see this reverse pattern think Caution.
Right now, 12:05, we have a very high probability win rate BTD trade forming, an Exhaustion Candle immediately followed by a White Bull @ strong near the prior day's close.
Some days require two charts. Today is one of them
Right now, 12:05, we have a very high probability win rate BTD trade forming, an Exhaustion Candle immediately followed by a White Bull @ strong near the prior day's close.
Some days require two charts. Today is one of them
Nota
The 12:00 - 12:05 5-minute candle is not a White Bull. Still waiting for a White Bull.Nota
Doesn't this chart remind you of a Chinese New Year's dragon?
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Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.